HDFC Bank has started accepting deposits under ... The fee for issuing a statement of account is Rs 20. The transfer of an account incurs a charge of Rs 100 per registration.

According to RBI, the HDFC Bank did not categorise certain customers into low, medium or high risk category based on its ...

SCSS complements the Bank's existing government-backed offerings like the Public Provident Fund and the Sukanya Samriddhi Account Scheme.

RBI said that HDFC Bank violated Know Your Customer (KYC) norms, while Punjab & Sind Bank faced penalty for non-compliance with large exposure reporting and basic savings account maintenance rules.